https://knews.kathimerini.com.cy/en/news/unemployment-rate-drops-while-inflation-inches-up
The latest data from the Cyprus Statistical Service reveals a positive shift in the country's economic landscape, with the unemployment rate falling to 5.9% in the fourth quarter of 2023, compared to 6.9% in the same period the previous year....
https://knews.kathimerini.com.cy/en/news/saints-sergios-bacchus-church-rises-from-devastation
Out of the ruins and devastation, the small church of Saints Sergios and Bacchus, in the Karpas peninsula, east of Neta village in Turkish occupied......
https://knews.kathimerini.com.cy/en/news/pwc-slow-progress-in-gender-equality-in-the-workplace
To mark International Women’s Day 2024, PwC has released two studies, the Women in Work Index and Inclusion Matters, finding that global progress on achieving gender parity at work continues at a sluggish rate....
https://knews.kathimerini.com.cy/en/news/hotel-industry-faces-backlash-over-residence-fees
The inclusion of a residence tax within the framework of the green tax reform, affecting hotels, tourist accommodations, and Airbnb, is expected to trigger reactions within the hotel industry....
https://knews.kathimerini.com.cy/en/news/over-400-000-songbirds-killed-in-cyprus-and-sold-for-delicacy
A recent report reveals a disturbing surge in wildlife crime in Cyprus, where over 400,000 songbirds were trapped and killed last autumn....
https://knews.kathimerini.com.cy/en/news/measles-resurgence-sparks-concern-as-two-unvaccinated-cases-emerge
In a concerning development, two cases of measles have been reported in Cyprus, raising alarms among health authorities. The Director of the Pediatric Department at Makarios Hospital,...
https://knews.kathimerini.com.cy/en/news/air-china-s-athens-beijing-route-booms-with-128-capacity-increase
Air China and Athens International Airport celebrated on Tuesday the expansion of the Chinese flagcarrier’s scheduled service between Athens and Beijing as of next month, with an extra two flights per week and the use of even greater aircraft on the route....
https://knews.kathimerini.com.cy/en/news/the-shocking-reality-of-students-in-drug-cases-revealed
Evidence of student involvement in drug trafficking and use, leading to a criminal case opened by YKAN, was presented on Wednesday by YKAN's commander, Stelios Aristideou, to the House Legal Affairs Committee....
https://knews.kathimerini.com.cy/en/news/kedipes-preps-for-major-loan-sell-off-boosting-cyprus-banks
In a strategic move to streamline its assets, KEDIPES is gearing up to offload a second batch of performing loans, hot on the heels of its €58 million deal with the Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/australia-and-cyprus-embrace-renewable-energy-collaboration
In a recent interview with GOLD magazine, Fiona McKergow, the Australian High Commissioner to Cyprus, sheds light on the burgeoning connections between the two nations....
https://knews.kathimerini.com.cy/en/news/job-market-improves-and-industrial-sector-grows
In good news for Cyprus, the latest data from the Cyprus Statistical Service (CyStat) reveals a positive trend in the job market. In February 2024, the number of people registering as unemployed dropped by 13.8%...
https://knews.kathimerini.com.cy/en/news/national-guard-s-death-raises-questions-on-cyprus-justice-system
Revelations surrounding the death of National Guardsman Thanasis Nicolaou, emerging years after the incident, have sparked both sensation and concern about the functioning of the criminal justice system in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/fia-president-investigated-for-alleged-manipulation-in-f1-grand-prix
Whistleblower claims Ben Sulayem intervened to overturn penalty for Aston Martin's Fernando Alonso at the 2023 Saudi Arabian Grand Prix, raising concerns about fairness in the race outcome....
https://knews.kathimerini.com.cy/en/business/cypriot-companies-lead-europe-s-fastest-growth
Two Cypriot companies have made it onto this year's list of the one thousand fastest-growing European businesses, a list compiled annually by the British newspaper Financial Times in collaboration with the German data analysis company Statista....
https://knews.kathimerini.com.cy/en/news/police-investigate-possible-staging-in-€420k-robbery
In the ongoing investigation involving a 31-year-old woman and 420 thousand euros, Police spokesman Christos Andreou revealed on Tuesday's "Alpha Kalimera" show that there's still much work to be done....
https://knews.kathimerini.com.cy/en/news/deposit-rates-down-mortgage-rates-up
Deposit interest rates dropped in January, whereas lending rates rose except interest rates for consumer lending, according to data published by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/inflation-and-new-markets-propel-spending-close-to-€3-billion-in-2023
Just before the end of last summer, economic analysts' projections for 2023 tourism revenue were nearing a record close to €3 billion. ...
https://knews.kathimerini.com.cy/en/news/ukrainian-woman-s-robbery-unravels-into-money-laundering-investigation
Investigations are intensifying at Police Headquarters regarding a startling case involving a 31-year-old Ukrainian woman who claimed to be a victim of a robbery in Germasogeia on Friday (01/03). ...
https://knews.kathimerini.com.cy/en/business/xm-invests-in-aris-for-future-entrepreneurs
XM, an international company that has established itself as a leader in the investment industry in forex, CFD in shares, metals and more, actively supports education and skills development initiatives through its sponsorship of ARIS (A Really Inspiring Space)....
https://knews.kathimerini.com.cy/en/business/the-€623-million-windfall-from-cyprus-shipping-industry
Kathimerini reporter Andreas Karamitas dives into the heartbeat of Cyprus' economy - the shipping industry. In a revealing exploration, discover how this vital sector pumped a staggering €623 million into the real economy solely through ship management in 2023. ...
https://knews.kathimerini.com.cy/en/news/central-bank-predicts-2-2-gdp-growth-in-2023
The Central Bank of Cyprus (CBC) expects GDP growth of 2.2% in 2023, compared to significant growth of 5.1% in 2022, while for the years 2024-26 it expects GDP growth of 2.6%, 3.1% and 3.2%, respectively....
https://knews.kathimerini.com.cy/en/news/cyprus-real-estate-market-holds-steady-at-€5-5bn-in-2023
The Cypriot real estate market demonstrated remarkable resilience and flexibility during 2023 and the total value of transactions reached €5.5bn, which appears to be at the same levels as in 2022, a press release by PwC Cyprus says....
https://knews.kathimerini.com.cy/en/news/cyprus-economic-growth-soars-2-5-for-2023
Cyprus' economic growth is estimated at 2.5% in real terms in 2023. At current prices, the Gross Domestic Product (GDP) is estimated to increase by 7.1%, according to the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/business/ey-survey-cybersecurity-tops-global-cros-concerns
EY Global Bank Risk Survey 2023 finds CRO role has expanded and evolved....
https://knews.kathimerini.com.cy/en/comment/opinion/why-marriage-shouldn-t-be-the-answer-to-€2b-loans
In 2023, Cyprus secured a substantial loan totaling €2.02 billion from the Bank of Cyprus, earmarking €510 million specifically for housing initiatives. ...
https://knews.kathimerini.com.cy/en/business/larnaca-s-renaissance-as-the-island-s-boutique-oasis
In a recent article by Kathimerini journalist Maria Eracleous, the spotlight is on Larnaca's burgeoning tourism sector, with a particular focus on the Accor Group's inaugural venture in the city....
https://knews.kathimerini.com.cy/en/news/eib-explores-cyprus-collaboration-for-economic-growth
European Investment Bank (EIB) Vice President Kyriakos Kakouris is on a visit to Cyprus, engaging in meetings with Cypriot officials....
https://knews.kathimerini.com.cy/en/news/nicosia-police-pursue-allegations-of-human-trafficking
Yesterday, a new case of human trafficking for the purpose of labor exploitation was referred to the Nicosia Criminal Court....
https://knews.kathimerini.com.cy/en/news/olive-oil-prices-spike-49-in-cyprus
In January 2024, the price of olive oil experienced a significant surge, with Cyprus leading the pack with a remarkable 49% increase, according to data released by Eurostat, the EU's statistical office. ...
https://knews.kathimerini.com.cy/en/news/cypriots-saving-less-as-loan-numbers-fluctuate
In January 2024, the total deposits in Cyprus reached €51.9 billion, experiencing a net decrease of €366.0 million compared to the previous month....
